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CSS :: National Income


11.  It is transfer payment:
A. Payment of college tuition B. A social security payment
C. Interest paid for a bank loan D. Payment for a leased car

12.  It is counted in GDP:
A. Sale price of an old car B. Purchase of 100 shares of PSO
C. A TV set produced this year but not sold D. The leisure people consume

13.  If government increases taxes, private savings:
A. Increase B. Decrease
C. Do not change D. Will become zero

14.  If C=200 and I = 40 then Y will equal to:
A. 160 B. 240
C. 200 D. None of the above

15.  Corporate tax is levied on:
A. Landlords B. Municipal corporations
C. Big companies D. Importers

16.  If we deduct direct tax from personal income, we get:
A. Net national income B. Personal saving
C. Disposable income D. Per capita income

17.  The largest part of national income is:
A. Consumption B. Investment
C. Saving D. Transfer payments

18.  We measure national income by this method:
A. Expenditure method B. Income method
C. Product method D. All of the above

19.  Which statement is true?
A. NNP = GNP - Depreciation B. NNP = NI
C. NNP = DPI D. None of these

20.  Transfer payments means:
A. Bank loans B. The payment without work
C. Tax payments D. Payment made to all factors of production




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